Hormel Foods Corp
HRL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.Z$ | LOCK|!b>% | LOCK|&&Lk?RV |
Hormel Earnings: Shares Rally on Robust Performance Rebound, but Still Undervalued
Hormel's organic sales grew 3% and adjusted earnings per share rose 14% in the fiscal second quarter. All three segments contributed to the organic sales growth. Adjusted operating margin expanded 80 basis points to 9.9% as higher sales and improved operations offset logistics inflation.
